Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    480 Street W 5th Buildings 1-10 Bloomsburg, PA 17815

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,000,000

    Over 250,000 SF property suitable for commercial or industrial use.

    Type:General Commercial
    Property size:
    258,419 SF
    Price / SF:
    $3/SF
    Added:
    Mar 17, 2024
    Days on Market:
    777
    Last Refresh:
    Apr 1 at 8:46 pm

    Property Features for 480 Street W 5th Buildings 1-10

    General Information

    Standard status
    Active
    Size
    258,419 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    MARK HUMPHREYS

    Listing agent MARK HUMPHREYS

    Listing office PRO Real Estate Services, Inc.

    Listing date Mar 17, 2024

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of PRO Real Estate Services, Inc.

    Overview

    Spacious Landmark Property in Bloomsburg

    This landmark property offers over 250,000 square feet of space, presenting possibilities for commercial or industrial use. The property features multiple loading docks, numerous elevators, soaring ceilings, open space, and expansive windows providing natural light. Potential uses include warehouse space, luxury apartments, or a mixed-use development. Located in a vibrant neighborhood, the property provides access to amenities and transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Diabetes Association Charitable Organization Autoneum Automotive North ... Textile Manufacturer Ultra Poly Corporation Factory

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • The Wagon Shed — 850 Railroad St, Bloomsburg, PA 17815

    Location Insight

    • Map
    • Local Demand
    City
    Bloomsburg
    County
    Columbia
    State
    Pennsylvania
    Longitude
    -76.446673
    Latitude
    41.002809

    Nearby Similar for Sale

    • $279,000
      2,611 SF

      Turn-Key Investment Opportunity

      Well-maintained 2-unit property with strong rental history and consistent cashflow.
      2310 OLD BERWICK Road, Bloomsburg, PA 17815
      View Details
    • $185,000
      1,514 SF

      Bloomsburg Duplex: Investor Opportunity

      Fully occupied duplex near Bloomsburg University with expansion potential.
      345 EAST 4TH Street, Bloomsburg, PA 17815
      View Details
    • $299,500
      2,400 SF

      Bloomsburg Duplex Near College Campus

      Two-unit duplex near Bloomsburg College, ideal investment opportunity.
      315 E 3rd street, Bloomsburg, PA 17815
      View Details
    • $1,524,409
      2,200 SF

      Freestanding Starbucks in Bloomsburg, PA

      Single tenant Starbucks with minimal landlord responsibilities in Bloomsburg, PA.
      275 Columbia Mall Dr, Bloomsburg, PA
      View Details
    • Contact for pricing
      83,960 SF

      83,960 SF Shopping Center

      Shopping center with national tenants and upside potential.
      76 Lunger Dr, Bloomsburg, PA 17815
      View Details
    • $1,950,000
      40,000 SF

      Iconic Industrial Complex on US-11

      Versatile industrial property with prime visibility and manufacturing space.
      3825 Columbia Blvd, Bloomsburg, PA, 17815-8895
      View Details
    • $499,900
      5,480 SF

      Versatile Commercial Building on Rt. 11

      5,400+ sq ft commercial building with apartment and garage.
      680 Street Oak, Bloomsburg, PA 17815
      View Details
    • $4,040,000
      23,678 SF

      Bloomsburg Retail Center For Sale

      23,678 SF retail center on 4.78 acres.
      11001 E Scott Town Center, Bloomsburg, PA 17815
      View Details
    • $2,639,162
      16,241 SF

      Retail Space at Columbia Mall

      Michael's store with a new 10-year lease for sale.
      225 Columbia Mall Dr unit a, Bloomsburg, PA 17815
      View Details
    • $25,676,000
      113,759 SF

      Student Housing Portfolio Near Campus

      257-bed student housing portfolio near Bloomsburg University.
      17 E Main St, Bloomsburg, PA 17815
      View Details

    FAQs

    What type of property is this?
    Warehouse - Over 250,000 SF property suitable for commercial or industrial use.
    Where is this warehouse located?
    The property is located at 480 Street W 5th Buildings 1-10 Bloomsburg, PA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Over 250,000 square feet of space offers endless possibilities for commercial or industrial use.; Prime location in a vibrant neighborhood with easy access to amenities and transportation.; Multiple loading docks and numerous elevators facilitate efficient operations.
    (570) 784-4499
    We can help!
    Listing Contact
    MARK HUMPHREYS
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    480 Street W 5th Buildings 1-10, Bloomsburg, PA 17815

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!